🔔 The dashboard: Brazil’s benchmark stock index Ibovespa rose 6.98 percent this week. Meanwhile, the Brazilian real fell 3.08 percent against the US dollar this week.
- Biggest gains: Natura (beauty retail and consumption): +17.86 percent.
- Biggest drops: American (retail): -16.69 percent.
Securities: Brazil has new rules for receivables-backed bonds
Companies from all sectors will be able to issue fixed-income securities backed by receivables, the so-called receivables certificates, and trade them to raise funds and access the capital market – at a cost that is meant to be lower than banking finance.
State of play. New resolutions by the Brazilian Securities…